The Business Times, 7 May 2004

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Microfilm: NL25566
Total Pages: 34
1 34 The Business Times
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  • Title Section
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    13 1 MIIMfVI &IVIJJBUQ4 THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial .com.sg FRIDAY, MAY 7, 2004
    13 words
  • Article
    Lock icon Wee's endgame hinges on reading of Temasek's aims
    1011 1  -  Market is watching the implications for the property scene By Angela Tan [SINGAPORE] Just what are the motives of Temasek Holdings in pitching itself against United Overseas Bank by making an offer for the latter's stake in United Overseas Land? That's the
    1,011 words
  • Article, Illustration
    Lock icon Oei Hong Leong pays $40m for prime Gallop Rd site
    508 1  -  BT exclusive 120,000 sq ft site sold by Shell can be subdivided into five or six good class bungalow plots By Kalpana Rashiwala [SINGAPORE] Corporate big-wig Oei Hong Leong has forked out nearly $40 million for a 120,000 sq ft
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  • Article
    Lock icon MARKETS
    74 1 Dsn 1,866.61 (-12.83) ST INDEX FUTURES 1,888.00 (+12.00) SIMSCI 227.87 (-1.32) SIMSCI FUTURES 228.80 (+0.20) Thursday Change KLSE (X)MP ***** -3i»l NIKKEI 225 11,571.34 -1*145 HANG SENG 12,010,11 *59.85 SET INDEX KM.(II 10.119 JAKARTA (X)MP —746.11 -11.9« MAN1U COMP—1.551.69 -111.44 TAIPEI WPI MM ♦55.56 SEOl'LCOMP 837.68 -29.8(1 SHENZHEN B
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  • Article
    Lock icon FINANCE
    77 1 FOREX RATES US$ S$ ISS (SS JMT I'SS) 1.686 i(i;S8/S$ per X) 1.790 3.018 K1 IRO(l ISS/SS/E). 1.215 2.047 YEN 109.0 #4.60 KM 3.800 2.254 HKS 7.800 4.627 BAHT 39.76 23.58 RUPIAH 8,702 5,162 RENMINBI 8.299 4.923 INDIAN RUPEE 4463 26.47 A$ 1.368 0.812 NZ$ 1.578 0.936 PRIME RATES
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  • Article
    Lock icon S'pore analysts split over effect of rising oil price
    886 1  -  Some see main impact coming from a dower global economy By Daniel Buenos, Chen Huifen [SINGAPORE] Analysts are divided on the impact that sky-rocketing oil prices may have on Singapore's economic recovery, with some predicting that there would be a dampening
    886 words
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      91 1 "The Clob affair is history. Singapore investors should not get hung up on that and hold back from investing in the MMHfiMlllM Malaysian stock market." Yusli MohamedYusoff.CEOofthe Kuala Lumpur stock exchange IN THE RAFFLES CONVERSATION TOMORROW k Inside From lour to three to two? Pg4 Commentary: tycoons united against Temasek?
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      12 1 $4 BILLION Sing Tel proposes to return capital to shareholders PAGE 2
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    • Article
      Lock icon SingTel proposes $4.1b payout to shareholders
      772 2  -  It will cancel 1 in 14 shares at $2.36 apiece; distribute 6.4¢ dividend By Tang Weng Fai [SINGAPORE] Buoyed by all-time high revenue of $12 billion, plus $3.3 billion from recent divestments, Sing Tel said yesterday it will return a total of $4.1 billion
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    • Article
      Lock icon Temasek plans to sell its 78% stake in CIAS
      493 2  -  Strategic partner will help airport services firm realise its potential By Ven Sreenivasan [SINGAPORE] Temasek Holdings is looking for a buyer for its stake in Changi International Airport Services (CIAS). The investment company announced that it had appointed Deutsche Bank as
      493 words
    • Article
      Lock icon Pump prices set to rise
      436 2  -  Wholesale prices are up 16% in a week, say traders By Ronnie Lim [SINGAPORE] Pump prices at petrol stations here look set to rise following a 16 per cent jump in wholesale gasoline and diesel prices in the past week. "Petrol has gone up about
      436 words
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      372 2 Canny Guide to Fixed Income Capital Market Products Bonds and Notes Dates Why 24-25 June 2004 The evolution of pedestrian bond structures into more fanciful to 5.00pm structures and hybrid securities, designed to entice investors and Venue ssuers alike, continues in response to market perceptions and needs. Orchard Hotel Singapore
      372 words
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      57 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions 70 ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T:+6s 6535 3382 F:+6s 6535 3991 E: singapore@ocra.com.sg 24
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      144 2 Call toll-free 1800 289 8822 UNITED OVERSEAS INSURANCE LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Notice is hereby given that the following share certificates have been reported lost, destroyed or mislaid:Naroe Certificate No, No. of Sham Peck Mui Eng *****24-5 1 x 1,000 -do- *****38-7 1 x
      144 words
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      102 3 one can control the future, but we can take you there. I^B It's impossible, they say, to predict the future without first understanding the past. And what the recent past tells us is that it's Airbus who has consistently anticipated the modern aviation industry's needs. Developing a true Family of
      102 words
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  • TUSSLE for uol
    • Article, Illustration
      Lock icon FROM FOUR TO THREE TO TWO?
      178 4  -  By Kenneth Lim FIRST it was the Big Four banks, a label referring to DBS, United Overseas Bank, Overseas Union Bank and OCBC Bank that for years was synonymous with Singapore's local banking scene. Then came the consolidation and liberalisation of the sector in
      178 words
    • Article, Illustration
      Lock icon A tycoons united front against Temasek?
      1164 4  -  HOCK lock siew wong wei kong AS UNITED Overseas Bank (UOB) chairman Wee Cho Yaw weighs his options, he must surely be thinking of who he can rope in as allies if he has to do battle with Temasek Holdings, the powerful Singapore investment
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    • Article
      Lock icon Will UOB shareholders reap the benefits?
      953 4  -  NEWS analysis Even if UOB accepts Temasek's offer, it's up to bank to decide how to deal with proceeds, says Teh Hooi Ling Teh Hooi Ling ARE shareholders of United Overseas Bank winners or losers in the latest round of corporate manoeuvrings? Is Temasek,
      953 words
    • Article
      Lock icon Much ado about Banking Act amendments
      685 6  -  Key focus is the banks' non-core divestments, rather than the 2% rule By Serena Ng THE market appeared to have read too much into the Monetary Authority of Singapore's (MAS) release of amendments to the Banking Act on Wednesday, which came a day after
      685 words
    • Article, Illustration
      Lock icon Investment bankers in S'pore scramble for piece of UOL action
      531 6 UOB set to pick one to advise on Temasek's offer Reuters INVESTMENT bankers in Singapore are jostling for a piece of the takeover action after Temasek Holdings made an unsolicited bid of Ss7oo million for property firm United Overseas Land
      Reuters; AFP  -  531 words
    • Article, Illustration
      Lock icon All eyes on UOB independent directors
      391 6  -  By Kenneth Lim AFTER minority shareholders expressed their discontent with aspects of United Overseas Bank's nowscrapped proposal to divest a 36.9 per cent stake in United Overseas Land, the pressure is on the bank's independent directors to ensure a fair assessment of Temasek Holdings'
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      91 5 BIthe paterson 63 Paterson Road ixc Qeiuihp cl c\ci 'u icj, c'/ V A j l C\C*vcc£t Ct i t C C-) l c Developer Ideal Homes Pte ltd Developers Licence No B1545 (Amendment 1) Freehold Lots lots 846. 428 430 TS21 at Paterson Road Grange Road (Now known as
      91 words
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      169 6 Call our C.A.T.S. hotline at 1800~289~9988. Buy it sell it Find it I fc In celebration of ot|r 44th Anniversary, we are pleased to present our Business Class Special to Bangkok. Relax and enjoy gourmet food, award-winning wines and delightful entertainment in the comfort of our Royal Executive Class. You
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      236 7 wibuih,. «'-d J(ff% iluiMilr Ike IK^^F»^BIIBIB^^BMB^BBIliP {$mmKßm- H *za fSmi/wm '^■IBiaHlfißilSjjlEg nil pHsfINBIBfIMH r i^ifi i fi^^ ~m->%a^^K^^HH^™Hp i H IfHIiLJ 1 >:'.» ?^^f?r^MPiro^: plp-l|g^KgPja v .J4 M 1J IT gy T;?v.i;--vV Ji#V'-r < :^r%?#^'' I 11 I v j^' JMHillK^l :j^i?-i>i4 v I li -f rr'isiTiM.iL.l -MMHM .••>* |S|P^®v."
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon BROKERS' TAKE
      578 8  -  Compiled by VEN SREENIVASAN Venture Corp (trading idea) May 6 dosing: $18.20 VENTURE should not fall to the low $17 area despite the break of strong $18.60$19 support base. The first major high of $17.70 in 1999 is likely to hold up. The sharp 9 per cent fall
      Source: Bloomberg  -  578 words
    • Article, Illustration
      Lock icon DBS covered warrant on Venture worth considering
      262 8  -  HOT STOCK WARRANT By R Sivanithy VENTURE Corp's first-quarter results couldn't have come at a worse time this week as far as those holding the new DBS covered warrant are concerned. The announcement of slightly disappointing figures has resulted in considerable pressure on
      Source: Bloomberg  -  262 words
    • Article, Illustration
      Lock icon Lack of short-term price drivers draws out sellers
      540 8  -  BT comment STOCKS r. sivanithy UH UY in antici- pation, sell on I J announcement" it's a I M common reI m frain in the local market, and its relevance shouldn't be underestimated. Another popular saying is "a lack of short-term price
      Source: Bloomberg  -  540 words
    • Article, Illustration
      Lock icon Holding pattern for US$ ahead of key data
      587 8  -  BT comment CURRENCIES All eyes on tonight's April US jobs numbers; China factor leads to defensive trading larry wee THE greenback traded well within its recent highs and lows in Asia yesterday as players awaited the release of April US jobs data.
      Source: Reuters  -  587 words
    • TRADES TO WATCH
      • Article
        Lock icon Haw Pat's holding in UOL diluted
        78 8 LISTED healthcare and leisure group Haw Par Corporation has ceased to be a substantial shareholder of United Overseas Land (UOL). Its deemed stake was reduced to 4.95 per cent from 5.68 per cent on May 4, after UOL's paid-up capital increased following the exercise
        78 words
      • Article
        Lock icon Capital Group cuts Informatics stake
        136 8 US mutual fund company The Capital Group slashed its deemed stake in troubled education service provider Informatics to 2.88 per cent from 5.06 per cent, following the sale of 6.85 million shares on the open market on May 4. Capital Group also sold 3.1 million
        136 words
      • Article
        Lock icon Utac chairman adds to stake
        83 8 THE non-executive chairman of United Test and Assembly Center (Utac), Charles Chen, on May 5 acquired 500,000 more shares of the chip tester from the open market at 85.5 cents a share. The purchase raised his deemed shareholding to 3.89 per cent, or around 32.7
        83 words
      • Article
        Lock icon Armstrong chief converts 19.12m wrts
        90 8  -  Compiled by SERENA NG THE chairman and chief executive officer of Armstrong Industrial Corporation, Gilbert Ong, on May 5 converted 19.12 million warrants into new shares at 10 cents each. The $1.9 million move raised his direct shareholding in the supplier of rubber foam parts
        90 words
    • Article, Illustration
      Lock icon Untitled
      406 8 OTHER SINGAPORE INDICES May 6 VALUE CLOSE WOttttS -717.00 -97.00 BTCW -*****.00 -76.00 BT 10-day MA -*****.00 -72.00 AH-SG Equities 500.22 -2.92 SG Equities Elect 165.64 -1.10 SG Equities Fin 1546.15 -0.32 SG Equities Prop 436.55 -1.28 smsa 227.57 -1.32 SiMSCI Futures 228.50 +0.20 Stock* Voham UniRber 10c 39.463.000 SingTel
      406 words
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  • PERSONALfinance
    • Article, Illustration
      Lock icon Building an investment portfolio for life
      827 9  -  Set up a clear investment strategy to identify goals, review performance, says BEN FOK BEN FOK IF you want to build a good unit trust portfolio, you should start by hunting for top performance or better still, award winning funds, right? Wrong. Too many
      FILE PHOTO  -  827 words
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      222 9 Put Your Career on the Fast Track Boston wp University Monday, May 10 from 6:00 7:30 pm Sheraton Towers Singapore, 39 Scotts Road Learn more about our Graduate Diplomas in: Banking and Finance Project Management International Marketing Computer Information Systems and Global Networks E-mail global@bu.edu or call +1 (617) 353-8429
      222 words
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      38 9 l Providing i k cool comfort I Hfnr rnmm#rrbl 456 Alexandra Road #15-00 ■IW VUmmilVrni NOL Building Singapore *****2 V 1111 l llldiattll ll Tet: 6222 0665 Fax: 6224 8358 V wNI lIIUUMf I*' Email: hpcsgi«hitachlplam.coni.sg buildings. 1
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon SGX to levy per-user fee for prices
      480 10  -  BT exclusive Intermediaries may pass charge for 'live' prices on to retail investors By Serena Ng RETAIL investors in Singapore may soon have to cough up a monthly fee in order to view "live" stock prices on financial portals and other information channels.
      FILE PHOTO  -  480 words
    • Article
      Lock icon Datacraft man's rap 'not over insider trading'
      388 10  -  By Serena Ng THE charges that a former Datacraft Asia director will have to answer in court next week appear to be unrelated to insider trading or securities market manipulation, observers said yesterday. Charges concerning insider trading or securities market manipulation are governed
      388 words
    • Article
      Lock icon Kim Eng earnings surge to $34m in Q1
      239 10 Brokerage says 52% of profit came from overseas units A STRONG stock market continued to reward Kim Eng Holdings as its earnings jumped almost six-fold to $33.9 million for its first quarter ended March 31, 2004, from $5.9 million for the quarter
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    • COMPANYBriefs
      • Article
        Lock icon Excelpoint Q1 profit up sevenfold
        61 10 EXCELPOINT Technology has reported a net profit of $4.4 million for its fiscal first quarter ended March, more than seven times that of the preceding Ql's $589,000. Revenue more than doubled to $258.9 million due to continued growth in the GSM mobile phone market in
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      • Article
        Lock icon M&C Hotels posts £L9m Q1 earnings
        68 10 CITY Developments' London-listed hotel arm Millennium Copthorne Hotels pic posted a Q1 group net profit of £1.9 million (555.7 million), up from £1.6 million last year. Operating profit rose to £13.9 million from £9.6 million. Turnover edged up to £126.6 million from £125.1 million.
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      • Article
        Lock icon SIA sells 8 B747-400s to 2 airlines
        70 10 SINGAPORE Airlines has agreed to sell eight of its B747-400 passenger aircraft to two airlines. Five, bought by Hong Kong-based Dragonair, will be converted to freighters and delivered between 2006 to 2008. The other buyer was not named. Meanwhile, SIA Engineering said it
        70 words
      • Article
        Lock icon Startech appoints non-exec chairman
        32 10 STARTECH Electronics has appointed Seah Siew Heng as non-executive chairman with immediate effect, in place of interim executive chairman Lim Tai Toon, who is now appointed managing director.
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      • Article
        Lock icon KepLand fund buys Seoul office block
        59 10 KEPPEL Land's US$250 million Asia No 1 Property Fund, a pan-Asian direct real estate fund, has made its first acquisition in South Korea. It will pay US$37 million for an office building in Seoul's central business district. The building was previously the HQ of
        59 words
      • Article
        Lock icon Beauty makes HK$17.2m Q1 profit
        38 10 BEAUTY China Holdings has notched a 26.3 per cent year-on-year rise in earnings to HK$17.2 million (S$3.7 million) for the first quarter ended March 31. Turnover surged 30.6 per cent to HK$49.9 million.
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      • Article
        Lock icon GES Q3 profit up 35% at $8.2m
        44 10 GES International's earnings for its third quarter ended March 31 rose 35 per cent year-on-year to $8.2 million. Turnover rose 17 per cent to $124.3 million, helped by the focus on growing its original design manufacturing activities.
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      • Article
        Lock icon Elec & Ettek Q3 net surge sevenfold
        37 10 Elec Ettek Q3 net surge sevenfold ELEC Eltek International's earnings for its third quarter ended March 31 soared to US$11.7 million, almost seven times the previous Q3's US$1.7 million. Revenue jumped 64 per cent to $92.6 million.
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      • Article
        Lock icon Envirotech profit rockets to $8.5m
        43 10 UNITED Envirotech's pro-forma net profit has surged to $8.5 million for the year ended Dec 31,2003, from $0.3 million. Revenue soared to $15.2 million from $2.9 million, boosted by gains in both its environmental engineering and consultancy businesses.
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      244 10 PERFECT START TO A PERFECT 10 10 DESIRABLE APARTMENTS FOR THE DISCERNING FEW Hills Apartment freehold spacious 4-bedroom study 3,000 sq ft modern facilities charming and quiet surroundings contemporary design foreigners eligible Tel: (65) 6836 6635 6836 6650 46 GOLDHILL AVENUE Developer: Marketing Agent fj&§ KHE N G LEONG CO
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      92 10 Ford Motor Credit Company Floating Rate Notes Due April 28, 2005 (Common Code No.: *****67 ISIN No.: U*****97 RX36) (CUSIPNo.: *****7 RX3) In accordance with tlie terms of the documents governing the above-refer-enced Notes, notice is hereby given that the Interest Rate per annum for the Interest Period commencing April
      92 words
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      126 10 U EQUINOX mini Level 70 P L 11 r! j I i Bring Mum to heights of ecstasy at Equinox Complex 9 May 2004 She deserves to be treated like a real Star. At Equinox Complex, expect nothing less than gourmet delights prepared by award-winning chefs, stellar service fit for
      126 words
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  • SINGAPORE news
    • Article
      Lock icon S'pore keeps No 2 spot in global e-govt ranking
      721 11  -  BT exclusive Canada remains No 1, US rises a notch to tie with S'pore: Accentnre By Raju Chellam FOR the fourth year in a row, Singapore has maintained its No 2 position in the global e-government rankings of 22 countries which
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    • Article
      Lock icon MasterCard is official card for S'pore Sale
      188 11 MASTERCARD International will be the official card and main sponsor of the Great Singapore Sale for the next three years. "MasterCard has a natural synergy with the retail sector," the country manager of MasterCard Singapore, T V Seshadri, said yesterday. "Our appointment as
      188 words
    • Article, Illustration
      Lock icon Tommy Koh to take over as IPS chairman in Aug
      311 11  -  By Daniel Buenas AMBASSADOR-AT-LARGE Tommy Koh will take over as chairman of the Institute of Policy Studies (IPS) after its current chairman Hsuan Owyang steps down at the end of July. Professor Koh is currently the director of IPS, an
      FILE PHOTO  -  311 words
    • Article, Illustration
      Lock icon Dutch firm picks S'pore as hub to expand in Asia
      425 13  -  Van Leeuwen Pipe and Tube cites strong talent pool here By Chen Huifen WHILE some companies flock to China and India for cheap labour, Dutch firm Van Leeuwen Pipe and Tube is expanding in Singapore because of the country's strong
      ARTHUR LEE  -  425 words
    • Article
      Lock icon Common building standards
      169 13 TO further promote the importance of construction quality and improve productivity across the industry, the Building and Construction Authority of Singapore has introduced a common set of building specifications. Aiming to harmonise workmanship and varying specifications on material used in the industry, the National Productivity Quality Specifications
      169 words
    • Article
      Lock icon HDB to launch its 50-storey project his month
      333 13 THE first units in Singapore's tallest Housing Board blocks, at Duxton Plain in Tanjong Pagar, will be launched at the end of this month, says the Housing Development Board. Under the build-to-order (BTO) scheme, if the take-up rate from the first phase
      333 words
  • Page 11 Advertisements
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      483 11 ■raH|P|HI Call 1011-free 1800 289 8822 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FERTIVA ASIA PACIFIC PTE LTD (In Members' Voluntary Winding-Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap.so, that a Final Meeting
      483 words
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      330 11 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NANRONG MECHATRONICS (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE TO SUBMIT PARTICULARS OF DEBTS OR CLAIMS Notice is hereby given that the creditors of the above named Company, whose debts or claims have not already been
      330 words
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      207 11 W M i I a x K mm K jA M'Wt, f <> I-. »,v X ika v-aMMpdafeafa.- ®^6®U Pk: M L®J I I* I mr^Hm 11 i H 1 «Mp¥%lr A r -'j#jimfil PiWlflaßßSgß rj i((i^|,,iPP^ //ien dspanclabla intuitlvat InisnVj^ worldwide* through worldwide r J'r^jlnl "i/L S >♦-*:* r<
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      432 12 Parade I 1 Vintage Car Paly Tracing ITrail Saturiay, May Qatteylav ft Mas/ '"©ady or Asia's biggest Land and Water Balloon Carnival.' Catch Woody I /-n i u t Woodpecker, Chilly Willy, The Rocking Horse and more as they float down on rustic r A|» Catch all the excitement as
      432 words
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  • Article
    Lock icon UNIT TRUSTS & FUNDS
    4690 13 UNIT TRUSTS FUNDS orn 5*P° re Bond Fund/ A 1.102/ Credit Agricole Asset Mgt S pore Ltd ABN Amro Asset Mgt (S'pore) ,nd<xam V* 0 1 1 08/1 135 Star Europe Eqty 1 0.749/ DBS Asset Mgt Star Europe Bond 1 233/ Shenton Twit City 1 3/1.355 Star Europe Bal
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  • Page 13 Advertisements
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      62 13 This announcement appears as a matter of record only. April, 2004 Straits Lion Asia CDO I U551,500,000,000 I Lead Arranger Portfolio Manager £B9| Straits Lion ASSET MANAGEMENT Holding an auction? Call 1800 289 8822 or email notices@sph.com.sg to book your advertisement in our newspapers now. Allianz (jfi) Dresdner PIMCO Total
      62 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon More jobs to break India's 'cement shoes'
      786 14  -  THE bottom line OPINION andy mukherjee INVESTORS are shaking their heads in disbelief as each new round of voter surveys in India adds to growing concerns about the make-up of the country's next government and the direction of its economic policy. Two of
      786 words
    • Article
      Lock icon IN OTHER WORDS
      49 14 'Now we have two military people, and we can't trust either of them.' Yosuf Wanandi Indonesia's veteran political analyst, on two former generals who have emerged as the strongest contenders for the presidency hardly the outcome that Indonesians who endured three decades of military rule imagined.
      49 words
    • Article
      Lock icon Thaksin's southern challenge
      572 14 EDITORIAL THE outbreak of violence in Thailand's restive southern provinces will be a dampener on the county's economy. In particular, Thailand's tourism industry —which attracts more than 10 million visitors a year w ill be affected Tourists have already begun to cancel their bookings to popular tourist
      572 words
    • Article, Illustration
      Lock icon Asian locomotive' cant make it on its own steam
      987 14  -  An IMF study shows that trade integration in East Asia can sustain high rates of economic growth but only so long as external trade provides the essential impetus From Anthony Rowley in Tokyo ACCORDING to the World Bank and the Asian
      AFP  -  987 words
    • Article
      Lock icon The growing US-Europe divide
      822 14  -  COMMENTARY It's largely due to their divergent views on the use of military power By Robert Samuelson in BRUSSELS THIS ought to be a moment of great triumph for Europe and America together. Instead, there is mutual disenchantment. On May 1, the European Union accepted 10
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  • REGIONAL news
    • Article
      Lock icon KL broker draws up choice shopping list for Temasek
      540 15  -  Drug firm DXN, gaming machines supplier Dreamgate among 5 targets From Eddie Toh in Kuala Lumpur A MALAYSIAN brokerage has drawn up a shopping list for Singapore investment company Temasek Holdings, which is already touted as the leading buyer of a
      540 words
    • Article
      Lock icon Thailand, M'sia gas pipeline project still on track
      284 15 KUALA LUMPUR WORK on the Thailand-Ma-laysia gas pipeline and processing plant project in southern Thailand is not affected by the current turmoil in the area, the Malaysian Business Times reported yesterday. Citing sources, it said work on the project is expected to
      284 words
    • Thai stocks hit 5-month low
    • Article
      Lock icon Bursa Malaysia offers staff money to resign
      292 15 KUALA LUMPUR Exchange wants to cut costs before listing next year Bloomberg BURSA Malaysia Bhd, the country's stock exchange, has offered to pay its full-time employees to resign as it seeks to reduce manpower ahead of a share sale early next year. Letters
      Bloomberg  -  292 words
    • NOTEBook
      • Article
        Lock icon HK denies rumour Sars has returned
        151 15 Bloomberg, AFP [HONG KONG] No cases of Sars have been discovered in Hong Kong, Jessie Wong, a spokeswoman for the Health, Welfare and Food Bureau said, denying speculation that the disease had returned to the city. The government denial came after speculation by brokers
        Bloomberg,; AFP  -  151 words
      • Article
        Lock icon KL to tighten roles for foreign labour
        67 15 AFP [KUALA LUMPUR] Malaysia plans to tighten rules for hiring foreign labour because there is an oversupply of migrant workers in the country, reports said yesterday. Human Resources Minister Fong Chan Onn was quoted as saying by the Star that Malaysia needed one
        AFP  -  67 words
      • Article
        Lock icon M'sia sees deficit at 3.5-4% of GDP
        85 15 Reuters [KUALA LUMPUR] Malaysia may trim its budget deficit to between 3.5 per cent to 4 percent of gross domestic product next year, a smaller cut than previously projected. Prime Minister Abdullah Ahmad Badawi said yesterday. "It is better therefore to proceed very
        Reuters  -  85 words
      • Article
        Lock icon Tenaga to sell power to Thailand
        61 15 Bloomberg [KUALA LUMPUR] Tenaga Nasional Bhd, Malaysia's biggest power producer, said it will sell power to Thailand in a three-year programme starting from June. Tenaga was to sign a deal on the sale with the Electricity Generating Authority of Thailand yesterday. It didn't elaborate
        Bloomberg  -  61 words
    • Article
      Lock icon HK probes 10 placements for suspected insider trading
      415 16 HONG KONG Sale of Sinopec shares by BP, Shell may be included in SFC's scrutiny HONG Kong's market regulator is investigating an estimated 10 share placements for possible insider trading, including deals related to Sinopec, China's second-largest oil company, the Financial Times
      415 words
    • Article, Illustration
      Lock icon Macau's one-man show to end as new casinos come up
      677 16 MACAU AP NEW casinos are cropping up, the economy is booming in dou-ble-digits and Macau is about to find out if it made a smart bet by opening the doors to Las Vegasstyle casinos ready to give longtime gaming tycoon
      AP  -  677 words
    • Article
      Lock icon China wants growth to cool, not fall suddenly
      302 16 BRUSSELS Initial efforts to cool overheating show results: Wen Reuters CHINESE Prime Minister Wen Jiabao said yesterday that economic growth in his country had to be slowed down, but he wanted to avoid a sudden fall in the pace of growth. "There
      Reuters  -  302 words
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      46 15 1| Lianhe Zaobao jg I Defending I Idol I mam I isnitt I BaraSraMa I To advertise your Notices Call toll-free 1800 289 8822 or email notices@sph.com.sg Releasing a financial statement? Call 1800 289 8822 or email notices@sph.com.sg to book your advertisement in our newspapers now.
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      320 15 ■B 1190 289 8822 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No. 15 of 2004/R In the Matter of the Companies Act, Cap 50 and In the Matter of P K S CONTRACTS SERVICES PTE LTD (In Liquidation) (ROC no. *****6248K) NOTICE OF MEETING OF
      320 words
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      83 15 Oriental 20x38x161 Table xwrz UH 118 Treasure Chest on Wood hsupmI u£l I Bedside Table! Bk. 38x59x70cm China Cabinet y p jggg Hj.IIHH.I.Mi 175 Übi Avenue 4, Pan Malayan Warehouse Tel: 8741 7717/ 6741 8877 ■vresiETiTini 36 Woodtands Industrial Parti H Tel: 8884 0080/8368 7748 maSBSEGESB 87 Buklt Tlmah Road
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      1463 15 a. EAGLE BRAND HOLDINGS LIMITED JiJjf&Rffßaq EAGLE BRAND HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) NOTICE IS HEREBY GIVEN that the Annual General Meeting of Eagle Brand Holdings Limited ("the Company") will be held at sth Floor, Foshan Shiwan Eagle Brand Ceramics Ltd., Shiwan Laichanggang, Foshan, Guangdong, The People's
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  • Article, Illustration
    Lock icon FINANCE
    1102 16 Transaction date: May 6 PTTERBAWK CROSS RATES CS »mb Euro HKS Ind Bs Ruptah Yen Won BM NZS P»k Bs Peso S$ Band Sfr NT$ WM Pound US$ Australia 1004 6.066 0.602 5.701 32.624 63.607 0.796 8.523 2.777 1.153 42.049 40.689 1232 4.969 0.933 24.262 29.064 0.408 0.731 Canada
    1,102 words
  • Page 16 Advertisements
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      64 16 Nominations for the 2004 eso.startup awards are now open Recognising Singapore's New Enterprises rjkTo be eligible, a company be a privately-held enterprise be under 5 years old (from date of incorporation) 200 4- have a strong nexus to Singapore have at least 1 year of audited financial results Organised by:
      64 words
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  • WORLD news
    • Article
      Lock icon Stand firm in Iraq, PM Goh urges US
      550 17  -  It's a 'key battleground' in fight against Islamic terrorists From Leon Hadar in Washington FOLLOWING meetings with US President George W Bush and Vice-President Richard Cheney on Wednesday and against the backdrop of continuing debate in the US over Iraq, Prime Minister
      550 words
    • Article, Illustration
      Lock icon Oil shock, rate rise fears hit Nikkei
      410 17  -  From Anthony Rowley in Tokyo TOKYO stock prices dropped sharply again yesterday as the spectre of a new oil shock added to the climate of uncertainty created by China's warnings about the need to slow its economy, and fears that interest rates could
      410 words
    • Article
      Lock icon Jobless claims fall to lowest level since 2000
      329 17 LATEST US DATA Bat labour costs rise unexpectedly while productivity increases 3.5% Reuters [WASHINGTON] The number of Americans filing initial claims for jobless pay dropped last week to the lowest level since 2000, the government said yesterday, bolstering expectations for a strong
      Reuters  -  329 words
    • Article
      Lock icon Britain raises interest rates as home prices soar
      378 17 LONDON Reuters BRITISH interest rates rose by a further quarter percentage point as the Bank of England acted to cool house prices and consumer debt. The hike, for the third time since November and widely expected, pushed the benchmark lending rate to
      Reuters  -  378 words
    • Article
      Lock icon WTO narrows trade focus to seek July agreement
      271 17 GENEVA Bloomberg A DRAFT World Trade Organization accord will sidestep improvements to market access for banking and telecommunications in an effort to rekindle the stalled talks. It will now focus only on farming and manufacturing, the chairman of WTO's governing General Council
      Bloomberg  -  271 words
    • Article
      Lock icon SEC probes Citigroup's accounting in Argentina
      400 18 NEW YORK Financial giant cooperating in inquiry which covers 2001-2003 NYT CITIGROUP said that the Securities and Exchange Commission is investigating possible accounting irregularities related to Citigroup's banking business in Argentina from 2001 to 2003. This was a period in which the world's largest
      NYT  -  400 words
    • Article
      Lock icon Fairfax CEO stepping down next year
      334 18 SYDNEY AP, Bloomberg, AFP FRED Hilmer, the chief executive of major newspaper and publishing group John Fairfax Holdings Ltd, will step down next year after six years in the job. In the surprise announcement, he said he wanted to leave for business and personal
      AP,; Bloomberg,; AFP  -  334 words
    • Article, Illustration
      Lock icon Picasso work sets auction record
      243 18 NYT [NEW YORK] Wednesday night's bidding at Sotheby's achieved an all-time record for a painting at auction. A rare Rose Period Picasso, "Boy With a Pipe (The Young Apprentice)", sold for US$lO4.l million, eclipsing the world record set in 1990. Then van Gogh's "Portrait of
      NYT; REUTERS  -  243 words
    • Article
      Lock icon Seoul to limit voting rights in top conglomerates
      397 18 SEOUL Move to pry family firms' grip over listed firms Reuters SOUTH Korea will limit the voting rights of financial units in conglomerates in a bid to loosen the grip many family-run holding companies have over publicly listed firms. The plan has
      Reuters  -  397 words
  • Article
    Lock icon COMMODITIES
    1623 17 SICOM FUTURES Mayi RUBBER Futures (Closing prices) RSS1 (Scents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 04 229.75 -hll 04 231.00 Aug 04 231.50 Sep 04 230.50 Oct/Dec 04 231.00 Jan/Mar 05 233.00 RSS 3 (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest Jun
    1,623 words
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  • Page 18 Advertisements
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      636 18 To advertise call toll-free 1800 289 Email: notices@sph.com.se IN THE MATTER OF THE COMPANIES ACT, CAP. 50 [(Section 290(2)(b|] AND IN THE MATTER OF DBS FACTORS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company held at 6 Shenton Way, DBS Building
      636 words
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      591 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SINGRE INFORMATION TECHNOLOGY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 85 Amoy Street, Singapore *****4 on the 3* day of
      591 words
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      661 18 IN THE MATTER OF ALEXANDRA INDUSTRIAL WAREHOUSING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final General Meeting of the members of the abovementioned Company will be held at 10 Collyer Quay, #21 -01 Ocean Building.
      661 words
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      367 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF IMPETUS SHIPPING AGENCIES PTE LTD HH INTERNATIONAL SHIPPING PTE LTD ASTRO CFS PTE LTD (PROVISIONAL LIQUIDATORS' APPOINTED) Statutory Declaration by directors of Companies inability to continue business by reason of its liabilities Name of Compony IMPETUS
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      1206 18 IN THE MATTER OF THE COMPANIES ACT (CAP. 50) AND IN THE MATTER OF D G AD (2004) PTE LTD (formerly known as ADXPLORER PTE LTD) (IN PROVISIONAL LIQUIDATION) ("the Company") (ROC NO. *****5943 M) NOTICE OF APPOINTMENT Of PROVISIONAL LIQUIDATORS NOTICE IS HEREBY GIVEN that Mr Yin Kum Choy
      1,206 words
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      551 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF WR PTE LTD (Formerly known as WFI Insurances Pte Ltd) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF MEMBERS VOLUNTARY LIQUIDATION Notice is hereby given that at an Extraordinary General Meeting of Members of the abovenamed company held
      551 words
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      523 18 In the matter of The Companies Act, Cap. 50 And In the Matter of THONG INVESTMENTS PTE LTD (COMPANY NO *****0022 M) BEE WAH CONSTRUCTION PTE LTD (COMPANY NO *****2732R) LAM BEE CONSTRUCTION ENGINEERING PTE. LTD. (COMPANY NO *****1114 M) AIKMA KOI CENTRE PTE LTD (COMPANY NO *****3204Z) STATUTORY DECLARATION
      523 words
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      2939 19 EES EES International Limited Third Quarter Financial Statement for the Period Ended 31 March 2004 1 (a) An income statement (for the group) together with a comparative statement for the corresponding period of the immediately e preceding financial year. K Share Share Accum Total Company capital premium profits Group Group
      2,939 words
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  • Article
    Lock icon STOCKS ASIA
    4627 20 i Transaction date: May 6 HONGKONG Vol HK Exchanges Clearing.16.90 0.50 5018 MKS +1- 000 HKR Inf1 2.48 0.03 1406 Hong Kong Electric 33.10 0.20 2640 Aeon Credit 5.20 unch 60 Hongkong Chinese 1.02 unch 270 Aeon Stores 5.65 unch 60 Hongkong Chinese Ltd 1.02 unch 270 Alpha
    4,627 words
  • Article
    Lock icon KLSE
    2379 20 Transaction date: May 6 KUALA LUMPUR v<>| ?j o KM W- COOO) George Kent 0.88 0.08 148 GlobetroroaTe* 0.66 un* 0 A&M Realty 1.70 0.10 70 GtomacBhd .2.92 1*1* 4 >h» ns7 -nni oi Gold Bndge Engrg 0 49 -0.01 267 -0.07 9 2-21 Advance Synergy 0.46 0.01 186
    2,379 words
  • Article
    Lock icon SGX
    842 20 I i Transaction date: May 6 SwdMi Wt Oaaa Qmmft 9>atfc mm W Om O—1» AMgrtan 50c 0.30 IjOIO *0.010 N(X 1.S1 1 990 -0.050 BIL Intl US20c 037 0.735 OCBC 9.18 12.600 Capitaland 1.17 1.640 Partway H 25c 0.58 1160 -0.030 Oiart SamKond 26c 119 1.460 -0.020 PMpict
    842 words
  • Article
    Lock icon BONDS & WARRANTS
    734 20 BONDS WARRANTS Prem Expiry Tel List Vol Com Eur Disc G*«r Mths Ct<> CtmfMj S«l» ♦or- COM) Ratio Prico It Loft 3779 ASL Marine Hldgs W*****1 15 -0.5 66 1 53 32 3.43 47 3698 AST1W*****1 .40 2 55 1 16 -2 1.42 1 3697 Acma Ltd W*****6 .0.5 unch
    734 words
  • Page 20 Advertisements
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      31 20 B JiB M Insiders'trades. Brokers'recommendations. Dividend table. 11 ll; OLjSLN I I Al IjS HMMHThe pages also cover transactions by directors and substantial shareholders. I II J In other words, you
      31 words
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  • Article
    Lock icon SGX MAINBOARD
    6701 21 Transaction date: May 6 52-WV Tel Last Vol Day LMtOuoM GrWv Wv GrVW Net MOp High low Code Company Sate *1- COOP) High lam turn Sdtar On Hi SwJj 57.9 32.9 5834 A-Sonic 39*d -0.5 66 39.5 39 39 39.5 5 N9.7 0.6 13.8 132 8 5300 ABNAmroNLG
    6,701 words
  • Article
    Lock icon SGX XTRANET
    67 21 H-W I* Uf »i On LaaQuoto GrOtv Mv GrYJd MM MCap l—r Ciwpmi ith W- (HOP) Urn hw Mht Cvr nt tm» 2060 2000 6065 Diamonds US2060 2120 ***** 6095 IS DJ US Tech US3740 6097 ISMSCISpore USSS5 6101 BStfSOO US8270 ***** 9650 6170 SPOHS US***** 1920 1327
    67 words
  • Article
    Lock icon SGX SESDAQ
    1962 21 tt-Ml Tal Last Vol Day List Quote Grttv Mv GrVM Not MCap Low Cade Company Sale C888) Low 8oyor ittm S Cvr t/t SmH 26 93 5000 A8R Hldgs 5c 14 *1 20 14 13 14 16 2 42 15 2101 AP Oil 5c 295xri +0.5 2 29.5
    1,962 words
  • Article
    Lock icon CLOB INTERNATIONAL
    341 21 tt-Mi Td La<t Vol Day Last Quote GrOtv Mv GrYW Nat MCap HI# Ugr ftfc C«H)H Ml W- COBB) Low gjgr Mg Cw P/I Snj 228 117 6000 AVJennings A25c A210 +2 35 210 209 209 210 40 8.8 4.8 8 452 6001 Cathay Pac 20C HK720 265
    341 words
  • EPICURE
    • Article, Illustration
      Lock icon Cookbooks to suit all tastes
      732 21  -  JAMIE EE checks out the latest offerings which feature glossy photos, travellers' tales and generous stocks of recipes JAMIE EE IT'S cookbook makeover time again as beloved cookbooks of old get a fresh coat of glossy paper and a new image in the fast growing
      ARTHUR LEE  -  732 words
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  • ENTERTAINMENT
    • Article, Illustration
      Lock icon Bollywood kitsch from London
      807 22  -  'Bombay Dreams' is an example of outsourcing of the most mediocre variety, says PETER MARKS PETER MARKS BOMBAY Dreams, the mega-musical export from Britain that opened last week at the Broadway Theatre in New York, is not without value to the cause of international understanding. In
      AFP  -  807 words
    • Article
      Lock icon Scorpions set to sting again
      503 22  -  By Kantian Chandran AS nature's nastiest and most durable hunting and killing machines, scorpions have been stinging long before dinosaurs roamed the earth. Considered nasty and dangerous, many parents viewed the German-made hard-rocking group of the same name with similar distaste. That hasn't stopped the
      503 words
  • Page 22 Advertisements
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      216 22 Official Magazine Official TV Station Official Card Official Hotel Record label Presented by ■S -As MMMdfbank J® uslt sgm\ I,M« central singapcrf K u /Special Lunch Menu $5.80 Nett Per Item \EE With FREE Choice of One Coffee/Tea/Soft Drinks or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried
      216 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 2
      185 22 Mother s Day Euro-Asian Buffet 8 &< 9 May 2004 Lunch: Adult 532 Child $19.50 Dinner: Adult $38 Child 523 A sumptuous spread to delight mom and the family) Carnation flowers, exclusive St. Gregory Spa amenities, specially brewed herbal soup and a polaroid photo of the family to take home.
      185 words
    • Advertisement
      Lock icon Page 22 Advertisements Column 3
      88 22 Cjj. GREGORY'S 1 COURTYARD Mother s Day Seafood Dinner 8 8,9 May 2004 Fresh, succulent oysters, sashiml, live tiger prawns and more...enjoy a delightful seafood buffet that makes Mom and family spoilt for choice. Feast and be entertained by live strollers. Adult: $38 Child: $23 For reservations, please call 6432
      88 words
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      Lock icon Page 22 Advertisements Column 4
      46 22 1 MERITUS MANDARIN SINGAPORE T Bum# Street fare Savour Penang's popular delights and spicy dishes! High Tea Buffet 12.00 noon to 4.30 pm Weekdays $23.80+++ (Adult) $15.80+++ (Child) Weekends /XA^'z— MERITUS MANDARIN SINGAPORE 333 Orchard Road, Singapore *****7. Tel: +65 6737 4411. Fax: +65 6732 2361.
      46 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Lock icon Page 22 Miscellaneous Column 1
      298 22 CRYPTIC CROSSWORD D D U u u up^p ACROSS high-speed train (4) 1 Look out when we come back in 5 Devilish group granted represenstarkers (6) ,ation n London (6,6) 4 A Kentish rebel capturing officer 6 Darn it! That sounds like Mrs wins praise (8) Lennon (2,2) 9 Fights
      298 words
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  • THE ARTS/CINEMA
    • Article
      Lock icon Performance poetry here to stay
      606 23  -  Its following in Singapore has increased, going by the sustainability of monthly poetry slams. CHEAH UI-HOON checks out some upcoming events CHEAH UI-HOON PERFORMANCE poetry has popped up as a popular genre these days. The Poetry Slam a monthly event at Velvet Underground celebrates its
      606 words
    • Article, Illustration
      Lock icon Where's the bite and heart?
      584 23  -  Five minutes into the movie, 'Van Helsing' loses its plot and descends into a soulless, effects-laden tale By Geoffrey Eu IT'S sadly ironic that one (or is it two?) of the fabled fictional characters who turns up in the new action-horror movie Van Helsing is
      584 words
    • Article
      Lock icon Charming Calendar Girls
      498 23 It's a quietly titillating comedy about defying convention By Geoffrey Eu NOTHING much exciting ever happens in the peaceful, picturesque Yorkshire village of Knapely. The husbands tend to their gardens and hang out in pubs while the wives practice tai chi in the countryside and attend less-than-scintillating
      498 words
  • Page 23 Advertisements
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      212 23 1 "^f^-' r <*i® IHHHHwi ■ULi ww in HSHHHHBBIwPBfIHRIBHML., Available in 2.0 L, 2.3 L I 3.5 L models. Specifications vary horn model to model. Specifications jftriyatfto change. F F I RO SHlFT_the future Wi Bllkit Timah: Tan Chong Motor Centre, 91 1 Bukit Timah Rd. General Authorised Dealers: Auto
      212 words
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  • EXECUTIVELifestyle
    • Article, Illustration
      Lock icon A hotel to your name
      1107 24 CAPE LODGE, MARGARET RIVER, WESTERN AUSTRALIA FORGET about opening restaurants. The business that hip professionals with extra money and a love for good food always zero in on is now passe. What's the latest lifestyle investment of choice? Boutique hotels. After all, you don't need
      1,107 words
    • Article, Illustration
      Lock icon SAVOY HOTEL, YANGON, MYANMAR
      909 24 PETER Holz was trained as an engineer, while his wife Leng Ting came from a clinical biochemistry background. But when they got tired of cockroach-infested hotel rooms with dubious water problems in Myanmar, they decided to open a hotel of their own aimed at the business
      909 words
    • Article, Illustration
      Lock icon Hang out at this hotel with a difference
      483 24 WHEN young, adventurous travellers stay at Hangout@mt.emily publiclisted Cathay Organisation Holdings' first foray in the competitive budget hotel industry they will sleep on sheets that are washed by prisoners from the Singapore Prison. The hotel uses the laundry services offered by the
      483 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon APL eyes development of India's container rail network
      581 25  -  BT exclusive CEO says lack of infrastructure choking growth in box trades Reports By Donald Urquhart [SINGAPORE] Neptune Orient Lines' container division APL is set to make a return to its former glory days as a multimodal pioneer with plans to get
      FILE PHOTO  -  581 words
    • Article
      Lock icon Time running out for ISPS readiness
      411 25 Only 20% of 30,000 ships certified compliant so far: Lloyd's Register Reuters [LONDON] Alarm beUs are ringing across the trilliondollar world shipping industry as it scrambles to comply with the July 1 deadline for some of the toughest security measures since World War 11.
      Reuters  -  411 words
    • Article
      Lock icon Pioneer of multimodal transport
      345 25 [SINGAPORE] Multimodal container transport by rail is not a new area for either India's Concor or APL, who is widely regarded as the pioneer of multimodal container transport by rail, having entered this segment only a few years after the global spread of containerisation. APL was
      345 words
    • Article
      Lock icon TRANSPORT STOCKS
      292 25 SGX 000 M«yt SS W- Vol CH Offshore 0.37 -0.02 1807 ChuanHup 0.50 -0.01 173 Cosco Investment 0.77 -0.02 7125 CWT Distribution 0.50 unch 0 Ezra Hldgs 0.99 unch 203 Freight Links .0.11 unch 186 GB Holdings .0.75 unch 26 Java Holdings 0.78 -0.01 1673 K1 Venture 0.27
      292 words
    • Article
      Lock icon Partners misled us on sales, products, say PSA In'l, P&O Australia Ports
      610 25  -  ELOGICITY CASE By Beth Jinks [SINGAPORE] PSA International (PSAI) and P&O Australia Ports (POAP), subsidiaries of the world's second and third largest terminal operators, have accused their partners in a failed joint venture of misleading them over sales
      610 words
    • PORTShots
      • Article
        Lock icon OSG tray* 2 US-flag tankers
        75 25 [LONDON] Major US-based owner Overseas Shipholding Group, Inc says that it has bought and taken delivery of two 50,000 dwt US-flag product tankers from Attransco, Inc. The two double bottom vessels, the S/R Galena Bay and the S/R Puget Sound, were built in 1982 and
        75 words
      • Article
        Lock icon Spain, Gibraltar in cruise ship row
        113 25 [LONDON] A long-running, but intermittent, campaign by Spain against Gibraltar's cruise industry has been brought into the open with three cruise ships either being refused entry into Barcelona, or skipping Gibraltar to avoid the problem, in recent days. The ships were kept out because
        113 words
      • Article
        Lock icon Daewoo wins US$200m ship order
        58 25 [SEOUL] South Korea's Daewoo Shipbuilding and Marine Engineering, the world's second-largest shipyard, said it has won a US$199.6 million liquefied natural gas ship order from Belgium. The order, placed by Belgian natural gas shipping company Exmar, is equivalent to 5.3 per cent of Daewoo's sales
        58 words
      • Article
        Lock icon TaxtfungPriok doubles pilotage fees
        47 25 [SINGAPORE] Pilotage charges have been doubled at Indonesia's main container port, Tanjung Priok, effective April 1. The local port authority said the increase was designed to cover "increased risks, additional traffic, and changing port conditions", a notification from Gulf Agency Company (GAC) said.
        47 words
    • Article
      Lock icon Court's no to seizure of SCI vessel to satisfy govt's judgment debt
      962 26  -  ADMIRALTY CASEBOOK By Selva Kumar A vessel owned by the Shipping Corporation of India (SCI) cannot be seized to satisfy a long-standing judgment debt of the Indian government just because the latter is a substantial shareholder of SCI,
      962 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      194 26 PAGE Alianca 3 AAL 5 Avant 6 Bank Line 4 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 China Shpg 5 Confer 6 Crocodile Line ....4 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 Eng Lee
      194 words
    • Article, Illustration
      Lock icon Coalition to invite bids to run largest Iraqi port
      254 26 Bloomberg [BAHRAIN] Iraq's US-led coalition authority, which is preparing to cede powers to a sovereign government on June 30, plans to invite companies to bid this month to manage the country's largest port for at least 10 years. The authority, working
      Bloomberg; AFP  -  254 words
    • Article
      Lock icon SHIPPING GUIDE
      12649 31 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 02/06 28/06 Alianca CONTI MALAGA 0O4W 65-*****161 To ABIDJAN (ABJ) 2003 Cot* D'lvoirt 02/06 28/06 NYK CONTI MALAGA 004S 65******123 15/05 08/06
      12,649 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        582 33 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ALVA STAR 13E J16/17 A/SIDE 07/05 120C DESERT SUN 002 J14/15 A/SIDE 07/05 230C JAKARTA SII 80S J18/19 A/SIDE 07/05 070C LAUTANARAFU LF85SA J10/11 A/SIDE 07/05 100C MLC 3301 MLC402 J4 A/SIDE 07/05 120C NICO 3 0605 J6 A/SIDE
        582 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1760 33 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Bth Berthing Un- Berth Name Voy Voy seq berthing Nmbr ACX LILAC 065S 065S 1 09/05/2004 15:00 10/05/*****2:00 ACX MARGUERI 030N 030N 1 08/05/2004-1500 09/05/*****3:00 AL SABAHIA C285E C285E 1 08/05/2004 21:00 09/05/2004-09:00 ALAMJAYA 2 8894N 8894N 1 08/05/2004-23:59 09/05/2004-05:00
        1,760 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        137 33 May 8 France: Remem Day (WW2). May 17 Norway: National Day. May 20 Belgium: Ascension Day. France: Ascension Day. Germany: Ascension Day. Indonesia: Ascension Day. Netherlands: Ascension Day. Norway: Ascension Day. Sweden: Ascension Day. Switzerland: Ascension Day. May 24 Canada: Victoria Day. May 26 HK: Budha's Birthdy. S.Korea:
        137 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        837 33 THIS report, compiled by Cockett Ma rine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        837 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        598 33 Carbon 180 Max 989.9 0.6 16.2 0.06 38 0.04 Apr 29 Density Water Residue AshAluminium Sediment No above E25 0 0 1 0 0 0 380 Ave 986.7 0.3 13.8 0.05 24 0.02 Eiion 380 Max 994.4 0.7 17.8 0.08 64 0.05 HG/M-3 %V/V HIM M/M
        598 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Alitalia unions, management seen striking quick deal
        588 34 Bat more dramatic measures needed to develop airline AFP [MILAN] Management and unions at Italy's foundering state-owned airline Alitalia are likely to reach a rapid compromise on cost cuts, allowing the strike-plagued carrier to pull back from the brink of bankruptcy, market players
        AFP  -  588 words
      • Article, Illustration
        Lock icon Bankers help hold down cost of new Boeing jet
        620 34 7E7 will have swappable engine types, cost-saving features Reuters [SEATTLE] Many features of Boeing Co's new 7E7 jetliner were designed not necessarily for airlines, but rather for the people that will ultimately own many of them bankers. Never before have financiers
        Reuters; BLOOMBERG FILE PHOTO  -  620 words
      • Article, Illustration
        Lock icon KLM synergies to total 75m euros: Air France
        272 34 AFP [PARIS] Air France said on Wednesday it expected "minimum" synergies arising from its merger with KLM Royal Dutch Airlines to total between 65-75 million euros (Ssl33-154 million) in its 2004-2005 financial year. The synergies are projected to rise to between 110-135
        AFP  -  272 words
      • Article
        Lock icon Top private Indian airline flying to Nepal
        165 34 AFP [NEW DELHI] India's largest private airline, Jet Airways, will start flights to Nepal and also likely to Bangladesh after launching its international service in Sri Lanka, company officials said. Jet Airways will start daily flights from May 14 between New Delhi and
        AFP  -  165 words
      • Article
        Lock icon Major carriers will compete in budget space, says Cathay
        409 34  -  Airline launches co-branded platinum card with Citibank By Taila Krishnakumar [SINGAPORE] Budget carriers shouldn't be surprised that full-service network airlines are competing in the low-fare space, Cathay Pacific's Singapore country manager James Ginns said yesterday. Mainline network carriers have the capacity
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2245 34 CITY FLIGHT ETA FLIGHT ETO EMM 1405 EK431 0325 AMiMt BA7381 1840 LH9770 2300 "346 1730 S0404 2325 0F8I 1840 $0229 2300 »430 2005 AmttrdM GA975 0855 KL838 2255 Trmltmt AC9951 0630 LH9765 1345 KL837 1450 LH9762 0630 $0326 1345 Sj— MM moo S025 0630 LH779
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      886 26 1 TO USA/CANADA 1 1 EXPORT 1 I OTHER DESTINATIONS I VESSEL VOY PKG ETA SIN LONG KACH| DALLAS HOUSTON MEMPHIS CHICAGO NEW YORK TO AUSTRALIA (AUSTRALIA ASIA EXPRESS) P&ONEDUOYDKOBE 39E19 04/05 05/05 21/05 26/05 28/05 26/05 26/05 29/05 VESSEL VOY "ETASHT KG FIE ME SYD MEL~ ADl~" LOS ANGELES
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      585 26 Lin®s services represented by Members of the Registry of \|%fiSPsf Accredited Shipping Agents, Sinaapore Shipping Association Members of the Singapore Logistics Association CONTAINERS/ CONVENTIONAL CARGO «*T KLANG/SINGAPORE/JAKARTA IMNGKOK VOY ETAPKL ETA SIN ETA MALE XTGI2S 11/05 21/05 Maid Star 548 12/05 1.V05 25/05 1,11, V MARINE SERVICES SINGAPORE Pbon* KU4
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      769 27 MOL Combines ~~7~~1 a range of shipping modes lo ensure timely, reliable services covering ma|or porh in North America, Europe, Japan, Asia, Africa Oceania. Also accept bitre-Asta Cargo#* t« BUSAN/ KWANGYANG/SHANGHAI/YANTIAN/ XIAMEN/QMGDAO/KWWAIi /JWCAOTA/SWAMYA KAOHSIUHG lAMGKOK LAEM CHAIAHG mKHHMtH PASK GUDAWG PWAH6 POW HUANG For Schedules, BL Searches, and Container Tracking,
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      2316 27 ADDITIONAL NEW WEEKLY "ADX" SERVICE TO EAST MEDITERRANEAN ON EVERY FRIDAY WITH EFFECT FROM MING SKY V.OOOIW J ETA SIN: 02/04/2004 GENERAL AGENTS IN SINGAPORE: 16 RAFFLES OUAY #36-01 SALES/BKGS TEL *****857/43 FAX: *****321/24 I CIM/IAPADC TH KTAIIRIII .1C DAYC COSTAR SHIPPING PTF ITD hongleongbuilding outward(»/« M2OSM2 62MSJ2S/7s I MllvArvKl
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      885 28 111 A ENQUIRIES/BOOKINGS: #*****44 FAX: #*****33 E-MAIL: d»lm»»Od.J mai.com. »fl C La IVIMO DOCUMENTATIONS/OPERATtONS: *****837 FAX: #*****77 mimk WEST WMI EXPRESS HHffiS CONTAINER SBVKI TO SOOTH/WIST AFRICA VESSEL [ypf ~siw~ REUNION IUANDAPOIHTE NOIRE MATAM LItREVILLE AIIPJAN jTEMA LOWE TINCAH jCOTONOU APAPA POUALA ONNE TAKOtADI Delms, Onrcol 424W 08/05 25/05 28/05
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      1483 28 WAN HAI INTERNATIONAL PTE LTD a NO; 1W*****00/R T1L*****588 (MUNIS) FAX:*****163 \\KIN IMAM 14 AI lIIJEC custom**»/***»&DHCIL~ um*****200 V vl I f f Mil IIHI Llllt J W TIL (03) 334 MM MI: (03) *****2U PW IE; (********** MX: (*****96A99 V— JON HLIO7) *****23 ML (********** 9* IB: 1031) 37*4475
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      688 28 BSA jl 0 MYANMA BH FIVE STAR LINE (Myanmor National Line) Loading for Yangon VESSEL VOY SIM PKL PEN PGU PAGAN 328W SU> HPA-AN 320W SID SU) IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUL 03-*****300 PKL: 03-*****101 PEN: 04-*****02 ACCEPTING CONVENTIONAL CGO VESSEL VOY HKG SIN PGU PKL KU< DAISY T
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      1282 29 IRISL, on m fofgrni? Mm? fa Qth® &SfSSf^Qa 3(D®itefa®ufiz&s] yhp£)?J£)b MM 01? Ikldlfag) h>F to&mipzMstLfts> fatkmtf fa Qpsm 33 w®QU fa tih® flw®* AGENT IN SINGAPORE AGENT IN MALAYSIA AGENT IN INDONESIA SINOSE MARITIME PTE LTD BOUSTEAD SHIPPING AGENCIES SDN. BHD. PT. SINOSE CONTI PERSADA TEL: *****144 FAX: *****181 KLANG
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      603 29 i k UK CONTINENT SERVICE Loading for ATERMON RTM/ATW/BMN/UK/NAN KEELUNG RTM/ATW/BMN/UK/NAN Loads Singapore. EJW Malaysia. Indonesia MIDDLE-EAST SERVICE Loading for FIAVENNA DBI/ABU/DOH/BRN/DMM/KWT VTC STAR DBI/ABU/DOH/BRN/DMM/KWT J FRIEND HDD/JDH/AQA J SAFE DBI/ABU/DOH/BRN/DMM/KWT 'Loads Singapore, EVW Malaysia, Indonesia USA SERVICE Loading for SPLIT CAM/NOL/NFK/SAV/TPC FALCON TRAVELLER VCW/LAX/MZL 'Loads E7W. Malaysia, Indonesia F.E./S.E.A.
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      855 29 m SIM PCU jffSStt m SIM IKI p c AN P* UMN OS/05 09/05 MATARAW W ?W 28/25 10/05 lANDA 1205N 10/05 10/05 AIAMJAYA 2 fifiSi 09/ OS 11 /OS PAC lANDA 1206N IJ/05 11/05 fAC 11MTAM W1 M/OS 12/ OS PAC BANDA 1207N H/25 13/05 MATARAM EXP 3005 14/05
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      571 30 ■BB|HTIG«SI(^^IMNTnO/o^inro^2?73/0^ BWffJHI TIGER SEA 185N 11 12/05 19 20/05 25 26/05 Kapt|aflMi|fl TIGER WAVE IB6N 16-16/05 22 23/05 29 30/05 TIGER PEARL IB7N 18-19/05 26-27/05 01 02/06 I HMH TIGER SKY 188N 22 23/05 29 30/05 05-06/06 TIGER SEA 189N 25-26/05 02-03/06 08-09/06 I ■VIVSffiVBDALIAN 647 12 13/05 19-21/05 30-31/05
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      724 30 FREIGHT LINKS EXPRESS PTt.LTI>> Freight Links Express Logisticentre, Singapore *****3 ATTRACTIVE LCL RATES TO THESE VARIOUS DESTINATIONS -f j VALPARAISO MANZANILLO CALLAO NINGBO SANTIAGO VERACRUZ MONTEVIDEO XIAMEN PANAMA CITY DALIAN QINGDAO PLS CALi FOR BOOKING 6267 4694/5535/5541/5508/5514/5551/5560/5563/5565/5569/5553 PROJECT 6r HEAVY LI FT CARGO (CONVENTIONAL RORO) BLTjl.jßr Lawrence Lim 6267 5555,
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      189 30 FSVIPAMCON SMPfMG ft NUUHNE SERVICES PTE UW 1 Siam Rm< r«ho7 SU. C-*, 27t2M 6536 6550 (6 Lha) Etc 6533 7632 01 Nk **********1MN j w I x Rir f voy mi m GOUnniß MIS6S 05/05 2004 WD 1156N «5/05/2004 MB) WWSM« 11 1575 J 06/*****04 Ml HS7M 67/05/2004 W
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      1216 30 |\*r% (I f). Spore Agents lAL Sbjapaj Am*cv (S) ht Ltd MO: 165W*****0Z) Sntei-asia Mines I I I Yo> I HKG PKI S6P VTSSB VOT W liki ItnakM^^r^w^l 2*°'™"'" $g 06/05 10/05 14/05 It/05 IWOfEiatWY Wu7oT TITOS IWTWmiWiUmvM uni rrHMiTV cnn! n!/n< ru!/rK 7/05 21/05 23/05 MOLMSIS *251 21/05 23/05
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      167 30 BREAKBULK CONVENTIONAL SERVICE DIRECT SERVICE FROM S PORE TO KARACHI [VESSEL I VOYAGE ETA SINGAPORE ETA KARACHI Owrrol of substitute 020HW 2S-30/OS/M 05/06/04 SEA-PAC MANAGEMENT PTE. LTD. 70 Anson Rood #17-07/08 Apex Tower, Singapore *****5 Telephone: 6270 0977 II Facsimile: 6275 2309 XII Telex: RS ***** SEAPAC DIRECT SIN NAMPO,
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  • Page 33 Miscellaneous
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      117 33 g REGIONAL WEATHER |FOR7AMyMa^OO^^^^^^^^S "5L «r~ Issued by Meteorological Service Division,NEA LEGEND: Thunderstorm Wind speed symbols showers Fu c rcle w ,ine indicates calm or light and variable winds p a j n One halt fleche represents 5 knots Cloudy Day -One full fleche represents 10 knots cxi Hazy A
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